Gulf Power Requesting to Increase Rates

Your Gulf Power bill could be rising in January if the Florida Public Service Commission approves a request from the company that was filed in July.

Gulf Power and consumer representative groups are requesting to increase customer rates to pay for the utility's large construction project.

The company began replacing power lines and infrastructure last year and the project is expected to last three more.

The construction will help Gulf Power maintain the mandatory federal environmental guidelines.

Some of the construction infrastructure projects include substations being added to improve service both in Pensacola and Panama City.

Also 70 miles of 70 year old transmission line is being rebuilt from Panama City to Holmes County.

Transmission lines between Highland City and Holmes Creek substations will be upgraded.

Additionally, a new 38 mile line is being added from the Pensacola area to the Florida-Alabama state line.

Now the company is moving forward with a request they believe will help pay for it.

The residential bill in January 2014 for 1,000 kilowatt hours of electricity should be a little over $127.

If the Florida Public Service Commission grants gulf power's request, that same bill would increase $4, which is a 3.2% increase.

In January 2015, that price would jump an additional $2.42.